TFI International (NYSE:TFII) Stock Rating Cut to Hold at Zacks Research

Key Points

• Zacks Research downgraded TFI International from “strong buy” to “hold,” although the broader analyst consensus remains “moderate buy,” with 14 buy ratings and five holds.
• TFI International exceeded quarterly expectations, reporting $1.85 in EPS versus the $1.59 estimate and $2.29 billion in revenue versus the $2.23 billion forecast.
• TFII shares opened at $121.83, well below the analyst consensus price target of $175.76; institutional investors and hedge funds own 73.3% of the company.

TFI International (NYSE:TFII - Get Free Report) was downgraded by stock analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report released on Monday, Zacks reports.

Several other equities research analysts also recently commented on TFII. Scotiabank restated an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. Citigroup cut their price target on shares of TFI International from $182.00 to $180.00 and set a "buy" rating for the company in a report on Tuesday, July 28th. Bank of America boosted their price target on shares of TFI International from $178.00 to $187.00 and gave the company a "buy" rating in a research report on Tuesday, July 28th. Susquehanna raised their price objective on shares of TFI International from $182.00 to $185.00 and gave the stock a "positive" rating in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. lifted their target price on shares of TFI International from $164.00 to $175.00 and gave the company an "overweight" rating in a research note on Tuesday, July 28th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $175.76.

TFI International Trading Down 0.4%

Shares of TFII opened at $121.83 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. The stock has a market cap of $10.01 billion, a PE ratio of 29.93, a PEG ratio of 0.76 and a beta of 1.62. TFI International has a 1 year low of $80.63 and a 1 year high of $167.69. The stock has a 50 day simple moving average of $135.75 and a 200-day simple moving average of $136.08.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.59 by $0.26. TFI International had a return on equity of 14.87% and a net margin of 4.14%.The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. On average, sell-side analysts predict that TFI International will post 6.06 EPS for the current fiscal year.

Hedge Funds Weigh In On TFI International

Several large investors have recently made changes to their positions in TFII. Allworth Financial LP acquired a new stake in TFI International in the second quarter worth about $46,000. State of Wyoming acquired a new position in TFI International during the 2nd quarter valued at about $56,000. Versant Capital Management Inc boosted its stake in shares of TFI International by 47.3% in the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company's stock valued at $59,000 after purchasing an additional 131 shares during the last quarter. Tacita Capital Inc bought a new position in shares of TFI International in the 2nd quarter valued at about $91,000. Finally, Syon Capital LLC acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $239,000. Institutional investors and hedge funds own 73.30% of the company's stock.

About TFI International

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company's principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.

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